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the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other stays and that's a conscious effort to deindustrialize america. these are primarily industrial cities. and when we moved production offshore, we lost good-paying jobs -- >> neil: i understand that but it happened. we can blame a lot of people. but it's done. now what do you do to correct that? >> and we lost two-thirds of the population. there's no enter prize in america that can do well,. >> neil: where is the money going to come from? >> we bailed out the banks. and those folks are doing better now than they've ever been. >> neil: bailed out the auto company. >> we gave them a bridge loan. so
the average negligence detroit -- average pension in detroit is $19,000. hardly lavish. the pensions and i would argue we have to save detroit. >> neil: a lot of cities in line. i'm not blaming unions. a lot of inept imaginer -- managers that let his happened but unfunded high schools that can't -- unopportunitied liabilities. you have a host of other u.s. cities in arrears, a number of states on the brink. where do you draw the line? >> the problem in detroit is similar to other...
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Aug 11, 2013
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detroit, the average pension in detroit is under $20,000. cops in ann arbor cost 50% more than cops in detroit. >> well, this is an attack on organize the labor. >> absolutely. >> it's an attack to really break down the voting bloc as well. there's a number of different accomplishments that could come to fruition throughout all of this. >> yes. >> it all starts with the bankruptcy and it all starts with a takeover of an election. it's really sad what's going on. i hope america pays attention. thanks so much for joining us tonight. >> thank you. >>> marriage equality comes to the keystone state of pennsylvania. we talk to a pennsylvania mayor who's leading the charge. >>> and senator marco rubio heads to his home turf with a phony grassroots campaign. we'll look at what really -- what he hopes to accomplish, ahead. >>> next, i'm taking your questions on "ask ed live." that's my favorite segment. and if you do it. and your friends do it. and their friends do it... soon we'll be walking our way to awareness, support and an end to alzheimer's di
detroit, the average pension in detroit is under $20,000. cops in ann arbor cost 50% more than cops in detroit. >> well, this is an attack on organize the labor. >> absolutely. >> it's an attack to really break down the voting bloc as well. there's a number of different accomplishments that could come to fruition throughout all of this. >> yes. >> it all starts with the bankruptcy and it all starts with a takeover of an election. it's really sad what's going on. i...
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. >> republican promises and lies were at the core of the destruction of detroit. you have to admit that outsourcing and laying money offshore and not paying taxes, that's a republican thing. >> so no republican governance at all in that city since 1961. one republican councilmember, same congressman, john dingle for 57 years, since he was 29. tax and spend policies. city pensions, benefits handed out, the largest chunk, and it is all the republicans. >> really? that's an old progressive trick which is to blame the federal government or reagan or some long lost republican administration for what is happening locally as though local leaders have no responsibility. they've done that in other places. not just detroit. talked to people in oakland. do they blame who they've elected in oakland? no. they've blamed someone else, somewhere else. republicans are an easy target. >> let's go. and i jokingly said it. liz cheney, the daughter of vice president cheney, she is now getting attacked. and this is also one of the other haters out there. mike malloy. >> the vampire's d
. >> republican promises and lies were at the core of the destruction of detroit. you have to admit that outsourcing and laying money offshore and not paying taxes, that's a republican thing. >> so no republican governance at all in that city since 1961. one republican councilmember, same congressman, john dingle for 57 years, since he was 29. tax and spend policies. city pensions, benefits handed out, the largest chunk, and it is all the republicans. >> really? that's an old...
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you're right in your description of detroit but detroit is kind of one of a kind. it is actually a mistake. there are people who said that. none of them are on this panel. it is a mistake to say we're all greek -- we're all greece or we're all detroit. detroit with its declining tax base, that is really at the heart of many of the problems we're seeing here other cities don't quite face that. and there are bad actors but there are also good actors. it is clear that almost no pension plan is fully funded. almost no pension plan is fully funded. once you get on 80% or 90%, you're in very good shape. >> maybe that's what we need to change. >> i would point out that part of the reason you don't have overfunded pension funds is that government regulations discourage funds from having more than 80% or 90%. that's a real problem. you get years like 2007 or 1999 where you've got a big booming market. and then the irs says disgorge all these extra overfunding that you have. and then when the market crashes, as everyone knew it would, a lot of these ended up in problems. i a
you're right in your description of detroit but detroit is kind of one of a kind. it is actually a mistake. there are people who said that. none of them are on this panel. it is a mistake to say we're all greek -- we're all greece or we're all detroit. detroit with its declining tax base, that is really at the heart of many of the problems we're seeing here other cities don't quite face that. and there are bad actors but there are also good actors. it is clear that almost no pension plan is...
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Aug 12, 2013
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>> hie, yeah, charles, on the detroit thing, because i'm from detroit, i'm in detroit. i have to say one thick about that check. yes, we know that was a big mistake, one million in the drawer, you know, kind of like the 13 billion dollars that went poof in the bush administration in iraq. >> nancy, come on. nancy. >> you know, what was not breaking news, what was not national news is we had an election, a mayor primary, the election last week, and in the city of 80% black population, a white guy, a write-in won, a guy who turned around eight hospitals, mike dougin won in a city of 80% african-american people. why is that not big news? that, you know, somebody because of the fiscal abilities was elected by the people of detroit, so to just say go back to the old, oh, a check missing in the drawer. >> in reality, though, to talk about fixing anything, i don't care what it is, an alcoholic or whatever it is, first and foremost, admit you have a problem. i think you, to a certain problem did that by electing someone that may be the city might not have elected before. this i
>> hie, yeah, charles, on the detroit thing, because i'm from detroit, i'm in detroit. i have to say one thick about that check. yes, we know that was a big mistake, one million in the drawer, you know, kind of like the 13 billion dollars that went poof in the bush administration in iraq. >> nancy, come on. nancy. >> you know, what was not breaking news, what was not national news is we had an election, a mayor primary, the election last week, and in the city of 80% black...
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for the success of detroit. thanks very much. >> thanks, chuck. >> for more, check out our website. it's one of a handful of mayor races we think you should keep an eye on this challenger year. for the last type -- i know we said that the last time, but we really need it this time. it really is the last time as the president's chief economic adviser allen krueger join us on the july numbers just out this morning. plus primary problems not for one, not for two, we're up to three senators with big primary challenges. the challenge ahead for mcconnell and graham are unique amongst themselves. the gaggle will be here. first, the white house soup of the day. it's friday, means it's a seafood day, and they throw in to make it a little spicy, seafood gumbo. we'll be right back. >>> the july jobs report came in short of market expectations. even with the jobless rate falling the last two months, were also revised downward. wall street is taking a dim view of things. not surprising. they had a boom day yesterday. all thr
for the success of detroit. thanks very much. >> thanks, chuck. >> for more, check out our website. it's one of a handful of mayor races we think you should keep an eye on this challenger year. for the last type -- i know we said that the last time, but we really need it this time. it really is the last time as the president's chief economic adviser allen krueger join us on the july numbers just out this morning. plus primary problems not for one, not for two, we're up to three...
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. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm dad asman. welcome to "forbes on fox." let's go in focus wi steve forbes, john candy, rich carlguard, elizabeth mc donald. should we scrap the public pensions? >> yes. get rid of them. what is public service? a sacrifice. it's supposed to be a short-term sacrifice before you go to the private sector to produce real economic growth. the problem now with high government pay and the big pension plans is we're creating life long government workers that are a burden on the people working in the real economy. if you get rid of them, they have incentive to get in the real world and cities will no longer have pension problems. >> david: well, rick, and the pension problems are just enmous. new york city, jus
. ♪ ♪ >> david: well, first detroit goes bust. will new york and chicago be next? the mayors of those two cities warning that their public pension costs are growing totally out of control, which is really what did in detroit. and many other cities are facing the same time bomb. is this proof it's time to scrap public pensions before they all go bust? hi, everybody. i'm dad asman. welcome to "forbes on fox." let's go in focus wi steve forbes, john candy, rich carlguard,...
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riots in 1967 detroit and mayor young caused a white flight to sub suburb-ia and detroit is left with nothing but liberal democrats running it. it is what it is. any place in this country that has similar circumstances, the same fate is going to happen to them. now what was your other thing about poverty? >> poverty. lbj said the war on poverty, we're going to have legislation to try to eradicate. the poverty's growing. it's not getting better. there are a lot of people suffering. >> yeah, imagine that. and it's been the number one issue of the democrat party out of their mouths for well, since 1964 when lbj first started it. poverty percentage-wise the same number of people. in fact under obama it's gotten worse. four out of five american families are experiencing poverty. 9 million jobs have been lost. pardon me. since obama took office. 9 million. they're just gone. because of his policies. well, the arena ideas this is what the republican is not standing up. they're not pushing back. they're not articulating what is the opposite of this. and one of the things, i mean, you can poin
riots in 1967 detroit and mayor young caused a white flight to sub suburb-ia and detroit is left with nothing but liberal democrats running it. it is what it is. any place in this country that has similar circumstances, the same fate is going to happen to them. now what was your other thing about poverty? >> poverty. lbj said the war on poverty, we're going to have legislation to try to eradicate. the poverty's growing. it's not getting better. there are a lot of people suffering....
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and very recently just in the last few weeks detroit, the city of detroit, filed for bankruptcy, the largest municipal bankruptcy in u.s. history. other large states and local communities are teetering on the verge of bankruptcy. many states in horrible fiscal situations like california and illinois. meanwhile, mr. president, we are are not in a fundamentally sounder place here in washington at the federal level. even if we stick to the budget control act numbers -- and that's very much up in the air, but even if we stick to those numbers, congress will spend $967 billion in discretionary money this year and that will result in an $810 billion deficit, almost a trillion-dollar deficit this year. this nation total is almost $17 trillion in debt, and the federal reserve, its balance sheet has swollen from $800 billion in august of 2007 to over $3.5 trillion today. and so, mr. president, now more than ever, s. 101, the state and local government bailout prevention act, is appropriate, is needed, and that's why i come to the floor today to urge expeditious passage of s. 101. this bill is
and very recently just in the last few weeks detroit, the city of detroit, filed for bankruptcy, the largest municipal bankruptcy in u.s. history. other large states and local communities are teetering on the verge of bankruptcy. many states in horrible fiscal situations like california and illinois. meanwhile, mr. president, we are are not in a fundamentally sounder place here in washington at the federal level. even if we stick to the budget control act numbers -- and that's very much up in...
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it is like they want us to be detroit. we did not vote for him. he got no votes from this state. thank you, obama. we are paying for it. he does an in run around everybody. what can we do to get oklahomans working, to get these things implement it without them sitting up there and saying, this is what you are going to do. instead of the people that own this country telling them what to do. [applause] >> you know, i would tell you, do not blame it all on obama. they were uncontrolled bureaucracies under george bush. i experienced them. you did, too. it goes back to the thing we started with. this government is on -- out of control. it has been predicted by historians our republic would fail. the question is, how do we cheat history? how do we go back? how do we re-embraced the things that made america great? as i said earlier, we have to get in charge. i have been working for nine years to try to make a big difference. i have made a small difference, not a big difference. i worked to starty -- reassessing -- [applause] changes to the constitution there restore federalism and the c
it is like they want us to be detroit. we did not vote for him. he got no votes from this state. thank you, obama. we are paying for it. he does an in run around everybody. what can we do to get oklahomans working, to get these things implement it without them sitting up there and saying, this is what you are going to do. instead of the people that own this country telling them what to do. [applause] >> you know, i would tell you, do not blame it all on obama. they were uncontrolled...
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it's another step closer to making new york city like detroit. we're not detroit. but with actions like this and with actions like the city council where they just recently passed a law that says individuals can actually sue policemen individually, not corporately, it's really unfortunate. >> gretchen: it's interesting to see when you have the police commissioner, ray kelly and the mayor agreeing so strongly on this particular issue, 'cause they don't agree on everything, to see them come out and be so upset about this must say something about the way in which they've been conducting business for the last decade. i just want you to look at the stats. here is new york city crime stats. 2012-2013, murder down 27.5%. murder down, shooting incidents down, 28.6%. so joe, how do you expect that to change when officers can no longer stop and frisk? >> well, officers can still stop and frisk, but they're going to be handcuffed in how they do it. the judge basically thinks and without any credible evidence that police officers are stopping people for -- without having any s
it's another step closer to making new york city like detroit. we're not detroit. but with actions like this and with actions like the city council where they just recently passed a law that says individuals can actually sue policemen individually, not corporately, it's really unfortunate. >> gretchen: it's interesting to see when you have the police commissioner, ray kelly and the mayor agreeing so strongly on this particular issue, 'cause they don't agree on everything, to see them come...
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it's simplified by the vice president is detroit was alive and bin laden was dead. they went on to say it was on the heels. this seems to call it into questions. it's not just groups that hit us in benghazi that this administration hasn't really focused on but al qaeda was the one they were focused on. also the progressive line that all we have to do is pull out of iraq, dwachb stan, roll over, play nice doggy and these people won't be as violent against us isn't true. basically we've shifted from offense to defense and this is what happens. >> quickly, what's the significance for you that this includes afghanistan? >> i think it shows central asia continues to be a real hot spot and even though they want the afghan war to be over, we still have to have the ability to act in central asia as long as asia and militants are there. >> thank you so much for your insight. good luck with the book. >> thanks, shannon. >>> peace negotiations continue. hopes are high but the path will not be easy. the defense minister joining us live with his thoughts next. >>> and happy birt
it's simplified by the vice president is detroit was alive and bin laden was dead. they went on to say it was on the heels. this seems to call it into questions. it's not just groups that hit us in benghazi that this administration hasn't really focused on but al qaeda was the one they were focused on. also the progressive line that all we have to do is pull out of iraq, dwachb stan, roll over, play nice doggy and these people won't be as violent against us isn't true. basically we've shifted...
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detroit, 3.5 billion, plus 5.5 billion? that is $9 billion. where will detroit come up with $9 billion to keep the city runing? you can't cut all the city service to pay -- bill: 42 different unions in detroit operating now. we'll see what the judge does. matt, if you want a good van gogh you might have a shot in detroit. matt mccall. to viewers at home, shoot me an email. hemmer@foxnews.com or follow me on twitter, because you asked, bya, one line and a question mark. we'll get to it tomorrow. thanks, matt. >> thanks, bill. bill: here is heather. >> the trial of the fort hood shooter taking a surreal turn on the very first day. nidal hasan made opening statement and then proceeded to question the very people he shot. a live report from fort hood next. >> i saw everybody screaming. i saw the blood all over and the blood on my chest and i couldn't breathe. i tried to to to the ground to take cover, then i started getting shot more. i mean, felt some bullets. [ male announcer ] come to the golden opportunity sales event and experience the connec
detroit, 3.5 billion, plus 5.5 billion? that is $9 billion. where will detroit come up with $9 billion to keep the city runing? you can't cut all the city service to pay -- bill: 42 different unions in detroit operating now. we'll see what the judge does. matt, if you want a good van gogh you might have a shot in detroit. matt mccall. to viewers at home, shoot me an email. hemmer@foxnews.com or follow me on twitter, because you asked, bya, one line and a question mark. we'll get to it tomorrow....
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going back in detroit. morgan hit the nail on the head. you have a city whose population reduced two-thirds since the 1950s and they have a land mass you could fit manhattan and botton and san francisco into and they are raising taxes. when you have fewer people, you are trying to find some way to pay the bills. obviously it didn't work. you can't take that to a national sphere. >> other cities had a populatio encrose and they increase the tax it doesn't mean that the city gets better, does it? >> no, i want to c taxes any chance we can get. mile per hour has highway tax rate and also the home of greatest global brands. what killed detroit was the ct that the tea and its people and companies were stuck in the 20th century. poor cities and states continue to cling to manufacturing jobs. rich cities and stat design goods and manufacture them erseas. if detroit wants to get in the 21st century it will rise again. cutting taxes will help. >> rich, there is a lot of factors that go in a demise of the tea like detroit but taxes didn't helpment n
going back in detroit. morgan hit the nail on the head. you have a city whose population reduced two-thirds since the 1950s and they have a land mass you could fit manhattan and botton and san francisco into and they are raising taxes. when you have fewer people, you are trying to find some way to pay the bills. obviously it didn't work. you can't take that to a national sphere. >> other cities had a populatio encrose and they increase the tax it doesn't mean that the city gets better,...
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. >>> also, is new york city on the brink of a detroit-style bankruptcy? new york city has been on the brink in the past. the warning from the mayor mike bloomberg that just came down. a question that's surfacing today, is this real? is this really where new york city is today, or is this somehow just a scare tactic from the mayor? we're live with that story next. ♪ ♪ we've been bringing people together. today, we'd like people to come together on something that concerns all of us. obesity. and as the nation's leading beverage company, we can play an important role. that includes continually providing more options. giving people easy ways to help make informed choices. and offering portion controlled versions of our most popular drinks. it also means working with our industry to voluntarily change what's offered in schools. but beating obesity will take continued action by all of us, based on one simple common sense fact... all calories count. and if you eat and drink more calories than you burn off, you'll gain weight. that goes for coca-cola, and eve
. >>> also, is new york city on the brink of a detroit-style bankruptcy? new york city has been on the brink in the past. the warning from the mayor mike bloomberg that just came down. a question that's surfacing today, is this real? is this really where new york city is today, or is this somehow just a scare tactic from the mayor? we're live with that story next. ♪ ♪ we've been bringing people together. today, we'd like people to come together on something that concerns all of us....
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jon: very quickly, look at detroit. detroit declared bankruptcy in part because it has so many mandates to fund pensions and so forth that it cannot afford to pay -- >> right. jon: same kind of thing the federal government is facing. >> although the federal government has a magical printing press, jon, but you can't do that without consequence. so we do have to get this government and spending under control. jon: monica crowley, thank you. >> you bet, thanks. alisyn: well, a controversial program shaping up in california. suspects swapping their dna for a taste of freedom. coming up, we take a closer look at this. >>> and wooly mammoths roamed the earth tens of thousands of years ago, but could these prehistoric beasts be revived? one scientist is considering cloning the ice age giants. alisyn: right now orange county, california, playing let's make a deal with suspects: hand me other a sample of your dna, and you could go free in certain cases. will carr joins us live from our los angeles bureau with more. >> reporter:
jon: very quickly, look at detroit. detroit declared bankruptcy in part because it has so many mandates to fund pensions and so forth that it cannot afford to pay -- >> right. jon: same kind of thing the federal government is facing. >> although the federal government has a magical printing press, jon, but you can't do that without consequence. so we do have to get this government and spending under control. jon: monica crowley, thank you. >> you bet, thanks. alisyn: well, a...
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>> steve: i'm doing better than detroit. detroit should have seen this coming. when you spend lots more on your outgo than your income, that will be your downfall, to quote you. >> detroit had a real serious maybe terminal case of cranial rectumitis. that's a technical term. in 1954, a little half breed indian woman who was born on a reservation southeast of oklahoma never had more than a second grade education issue never had a bank account, but she pulled her grandson to her and put her arms around him and said, listen, larry wayne, she handed him a 5-dollar bill. she said, you take good care of that and don't spend that like a fool because it may be the last one i ever get to give you. she had been through the depression and knew banks would close. she never had a bank account or credit card. never yet wrote a check in her life. she paid her bill every saturday morning after my grandfather gave her his check from sinclair oil company on friday afternoon. she told me, don't you ever forget this, as she handed me that five. when your outgoing exceeds your incom
>> steve: i'm doing better than detroit. detroit should have seen this coming. when you spend lots more on your outgo than your income, that will be your downfall, to quote you. >> detroit had a real serious maybe terminal case of cranial rectumitis. that's a technical term. in 1954, a little half breed indian woman who was born on a reservation southeast of oklahoma never had more than a second grade education issue never had a bank account, but she pulled her grandson to her and...
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ink detroit. >> thinking detroit, we're going to take up that issue later here in the broadcast with a congressman who wants the federal government to step in, do you think that that is going >> the house of representatives and the senate are not going to allow the president to throw american taxpayer money at detroit or other failed cities. detroit has had decades of warnings. they were spending too much, regulating too much, driving people out othe city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cies and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those stat, utah and wisconsin and new jersey and louisiana, those states are not goin to loot their taxpayers to pay for cities and sates that didn't do anythingo take care of themselves. not ppening. >> and let's turn nowto immigration. word out today, breitbart.com reporting they have corroborating sources saying congressman bob goodlatte is ready to rescue t
ink detroit. >> thinking detroit, we're going to take up that issue later here in the broadcast with a congressman who wants the federal government to step in, do you think that that is going >> the house of representatives and the senate are not going to allow the president to throw american taxpayer money at detroit or other failed cities. detroit has had decades of warnings. they were spending too much, regulating too much, driving people out othe city, governing poorly. they...
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detroit has had cades of warnings. they were spending too much, regulating too much,riving people out of the city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cities and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those states, utah and wisconsin and new jersey and louisiana, those states are not going to loot their taxpayers to pay for cities and states that didn't do anything to take care of themlves. not happening. >> and let's turn now to immigration. word out today, breitbart.com reporting they have corroborating sources saying congressman bob goodlatte is ready to rescue the once dead on arrival gang of eight immigration bill. your reaction? >> well, that's a silly way to put it. what goodlatte doing is what republicans in the house have always said they'reoing to do. they're always vaguely interested in what the senate does. they're never
detroit has had cades of warnings. they were spending too much, regulating too much,riving people out of the city, governing poorly. they didn't care, they thought they would be bailed out, they thought other people would pay for their mistakes and the answer is no. enough cities and many states have begun to turn themselves around on unfunded pension liabilities and civil service costs. those states, utah and wisconsin and new jersey and louisiana, those states are not going to loot their...
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look at pictures of detroit today. you see some of the devastation, some of the blighted communities, but yet, there are some people there moving back in and trying to do their best to actually hold their heads above water. what do they have to do to bring this city out of bankruptcy and into a place of promise again? >> well, i think that one of the first things is to have a city run by people that are credible. and -- that people believe if they come in there to try and do something, that -- whatever terms they get are going to be realized. and that when they start building something, it is not going to be torn out from underneath them and retraded like a tax break or things like that. where you find municipalities and states trying to track new business by using hose methods. so i think that's a first step. they have got to make sure that they remain credible and right now i think that's a really big issue. if they can do that, then i think that the next step is to bring in tax breaks and other incentives for new in
look at pictures of detroit today. you see some of the devastation, some of the blighted communities, but yet, there are some people there moving back in and trying to do their best to actually hold their heads above water. what do they have to do to bring this city out of bankruptcy and into a place of promise again? >> well, i think that one of the first things is to have a city run by people that are credible. and -- that people believe if they come in there to try and do something,...
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in detroit anymore. the guy on the left of your screen here is dave bing who is the mayor of detroit elected by the people in 2009. he's not running again for the position and i think i know why. the guy on the right is kevin ohr, detroit's emergency manager, he was never elected to his position, he was put in place by michigan's governor. he makes 75% more than the governor makes. whatever he wants, detroit does because he is the emergency manager not the elected leader and emergency managers get to run that city now, not the people who get elected. so tomorrow we'll go through the motions, more than a than a doz will be running in a primary to become detroit's next powerless figurehead mayor who can't do anything. the top two finishers regardless of party will move on to the general election in november and that will give the people of detroit another chance to take part in a pointless exercise in fake democracy that ought to be called a pageant and not an election. and although maybe it's not a bad id
in detroit anymore. the guy on the left of your screen here is dave bing who is the mayor of detroit elected by the people in 2009. he's not running again for the position and i think i know why. the guy on the right is kevin ohr, detroit's emergency manager, he was never elected to his position, he was put in place by michigan's governor. he makes 75% more than the governor makes. whatever he wants, detroit does because he is the emergency manager not the elected leader and emergency managers...
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Aug 12, 2013
08/13
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the idea here and this is the day of course i don't know if you heard this but detroit announced bankruptcy today. that is the top story today. so the goal is to have the cities find a way to grab ahold of that suburban tax money and bring it into the city. so the bottom line is that barack obama wants to redistribute the wealth of america's suburbs to the city. to see the radical file community organizers who mentored and trained barack obama all those years ago in chicago they really didn't like the suburbs. in fact their ultimate goal was literally to abolish the suburbs. why were obama's radical organizing mentors so upset about the suburbs? they blamed the suburbs for the problems of the city because when people move out to the suburbs, they take their tax money with them. so obama's radical organizers put on their thinking caps and came up with a strategy for the economic and political independence of america. and as the strategies came, a movement called the regional equity movement, the regional equity movement sometimes is just called regionalism for short. it goes under different
the idea here and this is the day of course i don't know if you heard this but detroit announced bankruptcy today. that is the top story today. so the goal is to have the cities find a way to grab ahold of that suburban tax money and bring it into the city. so the bottom line is that barack obama wants to redistribute the wealth of america's suburbs to the city. to see the radical file community organizers who mentored and trained barack obama all those years ago in chicago they really didn't...
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Aug 30, 2013
08/13
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we can look close by at detroit. folks, that is a picture of where liberal, progressive ideas go. was america's premier city. highest per capita income in the country. it was the pride of our country in the auto business, with unions growing, higher taxes, more regulation, as you saw these liberal, progressive ideas that were supposed to help the poor and grow the middle class, what have we been left with in detroit? 40%.loyment about has it helps children get a better education? percent of children in the eighth grade read at the grade level. the prosperity that they talk about when a third of the buildings are empty? you have got 400 liquor stores, and until a few weeks ago, not one chain supermarket in what was america's premier city. state of illinois and california and other states that are following those policies are not close behind into some form of bankruptcy. ideas are being showcased all over the country. and you create more choices competition in education, people thrive, and children get a better education. [applause] liberals who are now for choice in education beca
we can look close by at detroit. folks, that is a picture of where liberal, progressive ideas go. was america's premier city. highest per capita income in the country. it was the pride of our country in the auto business, with unions growing, higher taxes, more regulation, as you saw these liberal, progressive ideas that were supposed to help the poor and grow the middle class, what have we been left with in detroit? 40%.loyment about has it helps children get a better education? percent of...
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Aug 7, 2013
08/13
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. >> did he mention detroit? >> of course he talked about detroit. >> i distinctly remember -- >> of course he has. >> we're going to leave it there. >> right. >> ladies. >> thanks, sean. >> today was the first day of the trial for major nadal hassan. remember workplace violence. the alleged foot hood shooting gunman. he put on a disgusting display in the courtroom tonight. we're going to head down to tex texas. we have a brutal beating on a florida school bus all caught on tape. we'll show you what happened and examine why nothing was done to stop this. you get to select tonight's video of the day. it appears a bear wanted a late night snack, it went to great lengths to get one. hey, boo boo. you can also vote on twitter@seanhannity. it's a stationery and gifts store. anything we purchase for the paper cottage goes on our ink card. so you can manage your business expenses and access them online instantly with the game changing app from ink. we didn't get into business to spend time managing receipts, that's why
. >> did he mention detroit? >> of course he talked about detroit. >> i distinctly remember -- >> of course he has. >> we're going to leave it there. >> right. >> ladies. >> thanks, sean. >> today was the first day of the trial for major nadal hassan. remember workplace violence. the alleged foot hood shooting gunman. he put on a disgusting display in the courtroom tonight. we're going to head down to tex texas. we have a brutal beating on a...
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Aug 5, 2013
08/13
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detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city owned check at the dia. orr's statement goes on to say there has never been nor is there now any plan to sell the art. this valuation as well as the valuation of other city assets is an integral part of the restructuring process. he said they will also advise the city on non-sale alternatives. not sure what that means. they will value works like this one, a van gogh portrait that could be worth over $100 million alone, it includes works of picasso, miguel. they say they will continue to folks on being as positive force for the city. this has been a huge controversy with some of the public pensions saying
detroit may be starting that by hiring christie's to appraise the item at the detroit institute of art. cn cnbc's own robert frank joins us now with all of the art details. >> detroit's emergency manager hired christie's to assess the collection of the dia. the art is valued by many at over $1 billion. while there is no specific plan to sell the assets, the move was taken at the request of creditors. he said the city must know the current value of all of its assets, including the city...
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it is in trouble like every state in the nation, but no shape like detroit. you want to be here in the summer in chicago. if i moved, i would probably move in the winter. stuart: it is a friday morning and summer. i see people ripping up contracts behind you and chucking it behind you. larry, the fed is still all about when ben quits or reduces printing, isn't it? >> where the dallas fed president the last couple of days talk about how complicated of a situation this is. that is looking the market little bit but not a whole lot. the stock index trading bejg me still sitting at all-time highs. wwe're thinking but when is bernanke going to be talking about it. that is when the market will really get spooked and lose a lot of ground. stuart: thank you very much, indeed, out there in chicago. the opening bell is ringing. we expect the (to be lower, and it is. this will be a slow trading session, a thin market, thinly traded, but expecting 30 points down in the first few minutes. i want to know about priceline. the stock has been up by about a half this year. had
it is in trouble like every state in the nation, but no shape like detroit. you want to be here in the summer in chicago. if i moved, i would probably move in the winter. stuart: it is a friday morning and summer. i see people ripping up contracts behind you and chucking it behind you. larry, the fed is still all about when ben quits or reduces printing, isn't it? >> where the dallas fed president the last couple of days talk about how complicated of a situation this is. that is looking...
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Aug 3, 2013
08/13
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FOXNEWSW
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take your pick. >> detroit, you have to analyze what really happened there. why did it go wrong? now, there are obvious things. the city what's been run by democrats unchecked since the last republican mayor was 1957. okay? you've had -- that town has been a petri dish of everything the democrat party stands for, everything the democrat party loves. massive unions, massive pensions. pay people pensions and health care long after they've stopped working. the math doesn't add up. you have massive welfare states where citizens are given things left and right in order to buy their votes. you have no opposition whatsoever. then in the case of -- you throw race into the mix and you bring on mayor coleman young who causes riots in 1967 in detroit and mayor young calls a white flight to suburbia and detroit is left with nothing but liberal democrats running it. it is what it is. and anyplace in this country that has similar circumstances, the same fate is going to happen to them. poverty was the other thing? >> poverty. lbj said the war on poverty. we'll have legislation to try to eradic
take your pick. >> detroit, you have to analyze what really happened there. why did it go wrong? now, there are obvious things. the city what's been run by democrats unchecked since the last republican mayor was 1957. okay? you've had -- that town has been a petri dish of everything the democrat party stands for, everything the democrat party loves. massive unions, massive pensions. pay people pensions and health care long after they've stopped working. the math doesn't add up. you have...
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Aug 6, 2013
08/13
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FOXNEWSW
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one difference between chicago and detroit. detroit is a one industry town. the president could make the argument if we bail them out it would help the automotive and all of these jobs. chicago the main industry is crime. and big safety budget and they don't have a money for budgets and union pressure. what happened? >> everyone is talking about chicago. it is in a similar boat to detroit. namely it spent too much and borrowed too much and cannot repay and pensions above all else, pensions are the killer. they have a teacher's union fun in collapse and four other pension funds have a liability of 19 billion. and what is ra m emmanuel going to do? he has to taken on the unions and beat back the pension and he will not get help from the state of illinois and he can't raise taxes they are sky high already and this is what you alluded to will not get a bail out from president obama. >> you don't think so. >> if the president helps detroit, he will have to help chicago and other cities that are hurting because of pension obligations. if, manual cannot get concessi
one difference between chicago and detroit. detroit is a one industry town. the president could make the argument if we bail them out it would help the automotive and all of these jobs. chicago the main industry is crime. and big safety budget and they don't have a money for budgets and union pressure. what happened? >> everyone is talking about chicago. it is in a similar boat to detroit. namely it spent too much and borrowed too much and cannot repay and pensions above all else,...
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Aug 2, 2013
08/13
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detroit, youention hear about the vagrancy, they put on the labor unions and the government there and so forth. is a placeriver called windsor, candidates, where ford motor company have a major plant. that plan does not have to pay for the medical benefits for the workers. that is why ford is very successful. you've got to look at everything within that aim. just general motors did not know what they were doing. motors the general pushing brooms making $100 an hour. i tell you what, funny one of those jobs, and i will give you 20% of my pay every week. thank you very much. host: the next call independent line. valerie, you are on the "washington journal." caller: good morning. benjamin should quit listening to the liars on msnbc. what i really called to see as i do not see how there will ever be a copper mines when you have one side that look believes in big government and one -- and more spending and one side that leaves in smaller government and less spending. i do not see how there can never be a copper mine. -- a compromise. they are two totally different, nothing in common. host:
detroit, youention hear about the vagrancy, they put on the labor unions and the government there and so forth. is a placeriver called windsor, candidates, where ford motor company have a major plant. that plan does not have to pay for the medical benefits for the workers. that is why ford is very successful. you've got to look at everything within that aim. just general motors did not know what they were doing. motors the general pushing brooms making $100 an hour. i tell you what, funny one...
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Aug 5, 2013
08/13
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detroit is filing for bankruptcy. these democratic cities have democratic policies for such a long time. when they have their way, that's what happens. we continue on with these policies that are being pushed down our throats. that is going to happen to a larger scale. we cannot afford everything. we cannot be everything to everybody. we need to live within our means. i grew up among democrats. i hear this nonsense all the time. we need to live within our means. host: ron is from tip of florida this morning. -- is from tampa, florida this morning. we brought up the proposals tea party members are pushing. a possible government shutdown if government includes financing for the affordable care act and its proposal to extend government funding beyond that date. today's "washington post," he is a republican strategist talking about that strategy as a possible option under his headline -- scott is from maine on our independent line. talk about this idea of compromise. is it possible in today's political climate? caller: i
detroit is filing for bankruptcy. these democratic cities have democratic policies for such a long time. when they have their way, that's what happens. we continue on with these policies that are being pushed down our throats. that is going to happen to a larger scale. we cannot afford everything. we cannot be everything to everybody. we need to live within our means. i grew up among democrats. i hear this nonsense all the time. we need to live within our means. host: ron is from tip of florida...
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Aug 18, 2013
08/13
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MSNBC
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ask that question is what do you think martin luther king would be saying about what has unfolded in detroit? >> well, i think obviously he would be very concerned. he would be outraged today that in america, black youth unemployment is close to 40% and real unemployment in this country is 14%. he talked about and led and moved toward that march on washington, that poor people's march at the time that he died, what he was talking about is an economy of full employment. massive investment in job creation and not just for african-americans. he was bringing together hispanics, poor whites and he was saying we have got to stand together and too often, ed, we forget about that aspect about martin luther king jr. and we simply focus on his enormously effective work in desegregating america. >> that day, what was the mood like? if you have to capture the emotion and memory about what that day was like, what would you say? >> enormous optimism, enormous excitement about the fact that so many people of all colors, of all ages came together in washington, d.c. that was unprecedented up until that poin
ask that question is what do you think martin luther king would be saying about what has unfolded in detroit? >> well, i think obviously he would be very concerned. he would be outraged today that in america, black youth unemployment is close to 40% and real unemployment in this country is 14%. he talked about and led and moved toward that march on washington, that poor people's march at the time that he died, what he was talking about is an economy of full employment. massive investment...
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Aug 11, 2013
08/13
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CSPAN2
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the detroit story is sort of separate. one of the things that is lost in the discussion about detroit and our cities is the city's economy and fiscal health are oftentimes two different things. if you look at new york city new york is thriving by any definition. if you look at neighborhoods like the meatpacking district. in the 70's or 80s he wouldn't be caught dead there now looks like a casting call for the bachelorette. there are so many 20 somethings on the weekend that it's the place to be. new york is like an amusement park in many ways were the economy is doing very well. new york has fiscal problems too. many of the problems that detroit has. detroit, some of the rust belt cities are still adjusting to a massive shift in the economy from an industrial-based economy and a number of other things are happening there as well but not all cities are widely responded in research and the way that new york is that many are. i think places like detroit and buffalo and some others at the minority. overall the story about citi
the detroit story is sort of separate. one of the things that is lost in the discussion about detroit and our cities is the city's economy and fiscal health are oftentimes two different things. if you look at new york city new york is thriving by any definition. if you look at neighborhoods like the meatpacking district. in the 70's or 80s he wouldn't be caught dead there now looks like a casting call for the bachelorette. there are so many 20 somethings on the weekend that it's the place to...
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let detroit go, i'm telling you it will not happen. it will be some sort of a rescue that you will never know. but they will be rescued. we will see you tomorrow. every. i'm gerri willis. night on "the willis report" obamacare just went up again. and new warni for one group of patients in particula also, from bad thanks to news that the tsa is running wild. is good customer service debt and america? and the e fi things you should never buy at the supermarket. the outrageous markups on some of the most popular brands. we're watching out for you tonight on "the willis report." ♪ gerri: all that and more, but first our toptory tonight. new allegations that big banks are using big data ted discriminate against low-income customers tt they believe are mostikely to overdraft they're checking accouounts or bounce chks. big banks argue they're using the data bases to avoid fraud artists. here to weigh in, editor in chief of american banker and former vice president of goldman. i'm going to start with you. allegations tonight in the new york
let detroit go, i'm telling you it will not happen. it will be some sort of a rescue that you will never know. but they will be rescued. we will see you tomorrow. every. i'm gerri willis. night on "the willis report" obamacare just went up again. and new warni for one group of patients in particula also, from bad thanks to news that the tsa is running wild. is good customer service debt and america? and the e fi things you should never buy at the supermarket. the outrageous markups on...
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Aug 4, 2013
08/13
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and another reason to defund this is the city of detroit, which is bankrupt, they want to fund some of their bailout by dumping people onto obamacare and the funding stream. >> congressmen, there are some of your colleagues that seem timid. they think maybe this is the wrong strategy. i had a debate earlier this week with carl rove. he thinks it's the worst law that was passed in our time. i agree with him. and he said it was sold and p d predicated on a whole bunch of lies told by the american people, but he thinks strategically it should be done different, not through the efforts of defunding. every conservative i know wants republicans to defund it. where are your colleagues on this? >> it may literally be the only tool in the tool box to try to keep the train wreck from happening. and, you know, look, you see the train wreck coming down the track, aren't you going to try to do something to keep that from occurring? the law was never popular, it's never enjoyed a popular support. it's going to get worse when people understand -- right now you go to healthcare.gov in my state and try
and another reason to defund this is the city of detroit, which is bankrupt, they want to fund some of their bailout by dumping people onto obamacare and the funding stream. >> congressmen, there are some of your colleagues that seem timid. they think maybe this is the wrong strategy. i had a debate earlier this week with carl rove. he thinks it's the worst law that was passed in our time. i agree with him. and he said it was sold and p d predicated on a whole bunch of lies told by the...
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Aug 30, 2013
08/13
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FBC
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and bankrupt detroit's mcdonald closed. what, have you got anything to say about this $15 an hour fast food wage? >> this is unbelievable, stuart. it's so easy for the unions and politicians to go after multi-billion dollar corporations, these ceo's, who this has nothing to do with mcdonald's. they don't control the franchise wage scale. so you have mom and pop stores that are affected by this. less than 5% of fast food workers are affected by minimum wage. the average minimum wage worker in the united states, the family brings in $53,000 a year, and this is a grab and they're trying to get it through the minimum wage argument. stuart: relax, john, you've got the beach behind you and you'll be there i'm sure. >> yes, sir. stuart: he's in bermuda. great weekend to you. the top of the hour we've got the man who wrote the book on unions. and does he think this administration is going to cave to the recent union demands for obama care changes? he's coming up, top of the hour. a big question on obama care. two people on this sho
and bankrupt detroit's mcdonald closed. what, have you got anything to say about this $15 an hour fast food wage? >> this is unbelievable, stuart. it's so easy for the unions and politicians to go after multi-billion dollar corporations, these ceo's, who this has nothing to do with mcdonald's. they don't control the franchise wage scale. so you have mom and pop stores that are affected by this. less than 5% of fast food workers are affected by minimum wage. the average minimum wage worker...